NEW YORK, N.Y. - ABC News "Nightline" anchor Terry Moran is getting a new posting as the network's London-based chief foreign correspondent.
Moran will head overseas late this summer, ABC said Wednesday. Moran was ABC's chief White House correspondent from 1999 to 2005 and has done many overseas and domestic stories for "Nightline," most recently from Syria.
DETROIT - Porsche is the top performer in an annual survey of new vehicle quality.
J.D. Power questioned more than 83,000 U.S. car owners about problems with their 2013 vehicles in the first 90 days of ownership.
HARTFORD, Conn. - United Technologies Corp. says a federal court ordering it to pay $473 million plus interest to compensate for alleged fraud in its sale of fighter jet engines could cut revenue and profit.
Judge Thomas M. Rose of the U.S. Southern District Court of Ohio issued the order Monday. The Hartford, Conn., aerospace company said in a regulatory filing Tuesday that it will appeal the order. With damages, penalties and interest, United Technologies said the penalty would rise to about $660 million.
PARIS - Bombardier says it has won an order from Nigerian carrier Arik Air for seven commercial aircraft valued at US$297 million.
The Montreal-based manufacturer announced on Day 3 of the Paris Air Show that the airline placed a firm order for three CRJ100 NextGen regional Jets and four Q400 NextGen turboprops.
MONTREAL - Aerolia has selected the industrial park at Mirabel airport as the site for a fuselage aerostructures plant that will do work for some of Bombardier's business jets.
The European aerospace manufacturer will lease a 7,300 square metre building to be built by Aeroports de Montreal.
BURLINGTON, Ont. - Bank of Canada Governor Stephen Poloz says Canadian consumers did their part for the economy by borrowing the country through the worst recession since the Great Depression and now it is the turn of businesses to show some confidence and start spending.
In his first major speech since taking over from former governor Mark Carney earlier this month, Poloz preached the virtues of "stability and patience," noting the central bank's long-standing target of low, stable inflation remains "sacrosanct."
NEW YORK, N.Y. - George Zimmer, the ousted founder and executive chairman of Men's Wearhouse, says Wednesday he was dismissed after he and the company's board disagreed about how it should look.
In a statement released to CNBC following his termination, Zimmer says he expressed concerns to the board over the company's direction and that the board "inappropriately has chosen to silence my concerns," by firing him.
BALTIMORE - CSX is suing a garbage truck driver and his company for negligence in the explosive derailment of a freight train near Baltimore.
CSX Transportation Inc. of Jacksonville, Fla., filed the complaint Tuesday in U.S. District Court in Baltimore.
NEW YORK, N.Y. - When Lawrence Scheer began selling baby clothes in 2010, he didn't realize it then, but he was on the leading edge of a recovery in small business exports.
Scheer's company, Magnificent Baby, manufactures its products in China and then sells them in about 20 countries around the world.
NEW YORK, N.Y. - Kolcraft is recalling more than 96,000 Jeep Liberty strollers after at least 18 people were injured by tire blowouts, the Consumer Product Safety Commission said Wednesday.
The government watchdog group said there have been 39 reports of inner tube ruptures that have caused the wheel rim to break off and become a projectile. The incidents took place mostly when the tires were being inflated, causing cuts and bruises to arms, legs, torso and head or face.
BERLIN - President Barack Obama raised the prospect Wednesday that Europe might need to adjust its economic policies to tackle high youth unemployment and make sure that some countries don't "lose a generation."
Obama warned during his visit to Berlin that, while he was confident the euro area's leaders will resolve their debt crisis, austerity and structural reforms must not cause policymakers to lose sight of the main goal: Improving people's lives.
MILAN - A Milan court on Wednesday convicted the designers Domenico Dolce and Stefano Gabbana of tax evasion.
They were found guilty of failing to declare 200 million euros ($268 million) through a Luxembourg company to authorities and given a one year and eight months suspended jail sentence. They were ordered to pay a penalty of 500,000 euros (about $670,000) to tax authorities.
LOS ANGELES, Calif. - Seems Warner Bros. has taken movie marketing to a whole new level — even higher than a bird or a plane.
The studio enlisted Christian-focused firm Grace Hill Media to promote "Man of Steel" to faith-based groups by inviting them to early screenings and creating trailers that highlight the film's religious themes. They also enlisted Craig Detweiler, a Pepperdine University professor and author of "Into the Dark: Seeing the Sacred in the Top Films of the 21st Century," to create a Superman-centric sermon outline for pastors titled "Jesus: The Original Superhero."
OTTAWA - The CRTC says profit margins improved at the country's commercial radio stations in 2012, as expenses shrunk and total revenue grew by 0.4 per cent from the previous year.
The federal broadcast regulator said the 675 commercial radio stations operating in Canada earned revenue totalling $1.62 billion for the broadcast year ended August 31, 2012.
Canada's largest grocer is trying out a new discount small-store format in a bid to attract more customers in urban areas.
Loblaw Cos. Ltd. (TSX:L) said it opened the new 10,000-square foot store a few weeks ago in Calgary.
MONTREAL - Convenience store operator Alimentation Couche-Tard is seen as a likely bidder to purchase retail assets from oil and gas giant Hess as it seeks to further boost its U.S. network, according to an industry analyst.
Hess announced in May that it will exit its retail, energy marketing and energy trading businesses following pressure from its third-largest shareholder — activist investor Elliott Management — to break up the firm. It owns about 1,350 gasoline stations in 16 East Coast states.
TORONTO - The Canadian dollar was higher Wednesday ahead of the mid-afternoon release of the U.S. Federal Reserve's latest policy statement and economic projections.
It is hoped the Fed will shed some light on what it intends to do about curbing some of its economic stimulus.
WASHINGTON - A new report says homeowners trying to avoid foreclosure must wait too long for their loan modification applications to be reviewed by some of the nation's top mortgage servicers. Such delays can plunge borrowers deeper in debt.
Joseph A. Smith, the independent monitor of last year's national mortgage settlement, said Wednesday that while the banks are doing a better job complying with new mortgage servicing rules, more needs to be done.
TORONTO - The Toronto stock market was lower Wednesday as traders hoped that the U.S. Federal Reserve will shed some light on what it intends to do about curbing some of its economic stimulus.
The S&P/TSX composite index index declined 30.2 points to 12,337.26 ahead of the end of the Fed's two-day meeting on interest rates and an announcement at 2 p.m. EDT. This will be followed by a news conference with Fed chairman Ben Bernanke at 2:30 p.m.
WASHINGTON - Supporters of a far-reaching immigration bill in the Senate see fresh momentum from a report by the Congressional Budget Office that says the measure would boost the economy and reduce federal deficits by billions of dollars.
Congress' nonpartisan scorekeeping agency said that the immigration bill would decrease federal red ink by $197 billion over a decade and $700 billion in the following 10 years as increased taxes paid to the government offset the cost of benefits for newly legal residents.
The Wayne Gretzky of Wayne Gretzky collectors has netted some big bucks in an auction of many of his choicest memorabilia pieces.
Shawn Chaulk of Fort McMurray, Alta., received hundreds of thousands of dollars for jerseys, skates, helmets, gloves and pucks used in action by the Great One.
TORONTO - A campaign that raised $200,000 to purchase an alleged video appearing to show Toronto Mayor Rob Ford smoking crack was a "beautiful example" of the fundraising power of the Internet, says the website that hosted the controversial crusade.
"That campaign really just speaks to what crowdfunding is about, which is giving the power to people to decide what matters to them and to fund what matters to them," said Danae Ringelmann, co-founder of crowdfunding website Indiegogo.
TORONTO - A correctional manager is testifying that guards were to enter Ashley Smith's cell if the troubled teen was in imminent danger.
Michelle Bridgen says if Smith was turning purple from self-strangulation, that would be reason to intervene because that's "not normal."
BURLINGTON, Ont. - Bank of Canada Governor Stephen Poloz says Canadian consumers did their part for the economy by borrowing the country through the worst recession since the Great Depression and now it is the turn of businesses to show some confidence and start spending.
In his first major speech since taking over from former governor Mark Carney earlier this month, Poloz preached the virtues of "stability and patience," noting the central bank's long-standing target of low, stable inflation remains "sacrosanct."
WINNIPEG - Manitoba is abuzz about the possible return of a significant Metis artifact.
The bell of Batoche hung in the Saskatchewan community of the same name when the Metis were defeated during the Northwest Rebellion in 1885.
MONTREAL - Montreal will have its next interim mayor — the third mayor in less than a year — early next week.
The city clerk's office has announced a vote will be held during a special meeting of council next Tuesday.
OTTAWA - Bob Rae, a fixture on Canada's political scene for more than three decades, is giving up his seat in the House of Commons in order to devote himself to work on behalf of First Nations in northern Ontario.
Rae said he is leaving politics so he can focus on his new role as chief negotiator for First Nations in talks with the province about development of the Ring of Fire mining development in northern Ontario.
MONTREAL - Quebec's upstart pro-independence party has lost its founding leader.
Jean-Martin Aussant — who created, led, and was the public face of Option nationale — has announced he's leaving politics, placing his party before an uncertain future.
MONTREAL - Orascom Telecom Holding says it's withdrawing an application to acquire control of Wind Mobile Canada, one of the smaller wireless carriers that's seeking to grow into a stronger rival for the country's three main cellphone companies.
The Egyptian company announced Wednesday that it has made the decision to withdraw it application under the Investment Canada Act following discussions with Canada's federal government.
TORONTO - An anticipated financial recovery south of the border is likely to help economic growth in Canada, economists said Wednesday, although the U.S. is likely to outpace its neighbour for the first time in years.
RBC Economics raised its estimate for Canada's 2013 economic growth to 1.9 per cent, from 1.8 per cent in March, citing an improving picture on trade and the strength of corporate balance sheets.
OTTAWA - Homelessness in Canada affects about 200,000 people every year and comes with a $7 billion price tag, the first-ever national report on the issue has found.
The results paint a picture of a disaster in communities across the country, said Tim Richter, one of the report's authors and the president of the Canadian Alliance to End Homelessness.
OTTAWA - Prime Minister Stephen Harper has returned from his European trip but he won't have to endure another grilling in the House of Commons for a while.
All parties agreed late Tuesday night to end the most bitter spring sitting of Parliament since Harper's Conservatives came to power more than seven years ago.
OTTAWA - Manitoba Conservative MP Shelly Glover has changed her mind and decided to file a new expense claim with Elections Canada for the 2011 federal election.
House Speaker Andrew Scheer announced the decision by the MP for St. Boniface on Tuesday as he handed a committee the tricky question of whether Glover and James Bezan, the Tory MP for Selkirk-Interlake, should be suspended over doubtful campaign spending.
OTTAWA - One week after defeating Liberal Leader Justin Trudeau's attempt to open MPs' expenses to public scrutiny, the NDP has won approval for a proposal of its own.
New Democrat MP Peter Julian won unanimous consent late Tuesday for a motion aimed at creating an independent body to oversee House of Commons spending, including MPs' expenses.
OTTAWA - The Canada Border Services Agency is warning of a possible telephone scam.
The CBSA says it has recently learned that people purporting to be employed at the agency's Border Information Service have been calling Canadians and requesting personal information and payment over the phone.
TORONTO - Half of Canada's First Nations children are living in poverty, triple the national average, according to a new analysis of census statistics that pegs the cost of easing the problem at $580-million a year.
The study by the left-leaning Canadian Centre for Policy Alternatives being released Wednesday also paints a grim picture of Metis, Inuit, and non-status Indian children, as well as of children of immigrants and visible minorities.
OTTAWA - The most bitter spring sitting of parliament since Stephen Harper's Conservatives came to power more than seven years ago has ended with a rare piece of agreement — unanimous consent to adjourn for the summer.
All parties agreed late Tuesday night to pull the plug after almost a month of late-night sittings.
VANCOUVER - A B.C. Supreme Court decision over land use on Vancouver Island could force the provincial and federal governments to implement a treaty first negotiated by the Crown more than 160 years ago, says a lawyer for a First Nation.
In a decision posted online Tuesday, Justice Gordon Weatherill refused to reverse a decision by the provincial government, allowing Western Forest Products Inc. to remove 14,000 hectares land from a tree-farm licence on the island's northern tip.
GENEVA - The last day of Ahmad Mokaled's short life dawned on a sunny spring February morning in the southern Lebanon town of Nabatieh.
Feb. 12, 1999, was Ahmad's fifth birthday. So his father, Raed, pulled him out of school for an impromptu celebration with Ahmad's older brother, Adam, at a bustling public park where the boys sprinted into a growing throng of children.
MAPLE, Ont. - The Great One firmly believes the NHL will return to Quebec City.
The Quebec capital has been without an NHL franchise since the Nordiques left in 1995. But hockey legend Wayne Gretzky said Tuesday his gut feeling is that Quebec City will again have its own pro hockey franchise.
BOSTON - The Chicago Blackhawks can look forward to having Marian Hossa back in the lineup for Game 4 of the Stanley Cup.
The star winger missed Game 3 with an upper body injury and skipped the morning skate Wednesday. But Hawks coach Joel Quenneville said he was fine.
Serena Williams says she's reaching out to the family of the victim in the Steubenville rape case after the tennis star was quoted in a Rolling Stone article saying "she shouldn't have put herself in that position."
In a statement released through her agent Wednesday, Williams says: "What was written — what I supposedly said — is insensitive and hurtful, and I by no means would say or insinuate that she was at all to blame."
NORTH ATTLEBOROUGH, Mass. - State police returned to the home of New England Patriots tight end Aaron Hernandez on Wednesday, two days after a body was found about a mile away.
Two troopers knocked on the door of Hernandez's sprawling house in an upscale subdivision Wednesday morning, but no one answered. The night before, police spent hours there as another group of officers searched an industrial park where the body was found Monday. No more details about the body have been released.
The Wayne Gretzky of Wayne Gretzky collectors has netted some big bucks in an auction of many of his choicest memorabilia pieces.
Shawn Chaulk of Fort McMurray, Alta., received hundreds of thousands of dollars for jerseys, skates, helmets, gloves and pucks used in action by the Great One.
LONDON - The IAAF says the doping case involving Jamaican sprint star Veronica Campbell-Brown appears to involve a "lesser" offence.
The three-time Olympic gold medallist was suspended by Jamaica's national federation on Tuesday pending an investigation into a positive drug test.
Georges St-Pierre will reportedly defend his welterweight title on Nov. 16 in Las Vegas against No. 1 contender Johny (Bigg Rigg) Hendricks.
The UFC had no official comment on the fight but the date and venue were reported by TVA Sports and the "UFC Tonight" TV show, with both citing sources. UFC president Dana White has said that November was the likely time.
REGINA - It didn't take Daryl Stephenson long to land with another CFL team.
The former Hec Crighton Trophy-winning running back signed Wednesday with the Saskatchewan Roughriders after being released earlier this week by the Hamilton Tiger-Cats.
EASTBOURNE, England - It wasn't quite the Wimbledon warmup Canadian Milos Raonic was hoping for.
The top seed from Thornhill, Ont., dropped his second-round match Wednesday at the Eastbourne grass-court tournament, falling 6-2, 7-6 (7) decision to Croatian Ivan Dodig.
FORTALEZA, Brazil - The historic wave of protests that has swept across Brazil in recent days has gained some important allies — the players of the Brazilian national football team.
Brazil is hosting the Confederations Cup, a tournament of continental champions which serves as a warm-up for next year's World Cup, but the Brazilian players' focus has turned to the demonstrations which have taken over a country fighting for improvements in basic services such as public transportation, schools and hospitals.
BOSTON - It's just a game, but maybe this Stanley Cup final can heal as well as entertain.
The Boston Bruins know nothing can take away the pain of the Boston Marathon bombings that ravaged their city. Still they know that stringing together wins in the NHL post-season is bringing a smile to their sports-crazy home town.
BOSTON - Jonny Gomes hit a two-run homer in the ninth inning to lift the Boston Red Sox to a 3-1 win over the Tampa Bay Rays on Tuesday night, completing a doubleheader sweep.
Daniel Nava was aboard on a leadoff walk when Gomes followed with a towering shot off Joel Peralta (1-3) that cleared the Green Monster and bounced off the sign just to the right of the foul pole.
ATLANTA - Zack Wheeler lived up the hype in his major league debut, pitching six scoreless innings to lead the New York Mets to a 6-1 victory over the first-place Atlanta Braves and a doubleheader sweep on Tuesday.
Wheeler gave up only four hits and struck out seven while consistently reaching the upper 90s on the radar gun. He struggled a bit with his control, walking five, but got out of every jam.
MIAMI - LeBron James saved a championship reign, cancelled a celebration.
The toughest part now might be topping this performance in Game 7.
SYRACUSE, N.Y. - Tomas Tatar scored twice as the Grand Rapids Griffins won the Calder Cup on Tuesday with a 5-2 victory over the Syracuse Crunch in Game 6 of the American Hockey League's championship series.
Tatar scored on the power play 12:41 into the second period then added an empty-net goal for some insurance in the final minute of play.
TORONTO - A seven-game win streak and the emergence of Esmil Rogers as a reliable starter is taking some of the pressure off injuries to the Blue Jays' pitching rotation.
Edwin Encarnacion had a home run and three RBIs to back Roger's strong outing against his former club and Toronto took a 8-3 interleague victory over the Colorado Rockies on Tuesday night.
NORTH ATTLEBOROUGH, Mass. - State and local police spent hours at the home of New England Patriots tight end Aaron Hernandez on Tuesday night as another group of officers searched an industrial park about a mile away where a body was discovered the day before.
Police at the scene and prosecutors would not comment on the actions while Sports Illustrated, citing an unidentified source, reported that Hernandez was not believed to be a suspect in what was being treated as a possible homicide. Police had spoken with Hernandez, the magazine said.
Serena Williams says in an interview with Rolling Stone magazine that, while not blaming the victim in the Steubenville rape case, "she shouldn't have put herself in that position."
The comment is made in one paragraph of a lengthy story posted online Tuesday about Williams, a 16-time Grand Slam title winner who is ranked No. 1 heading into Wimbledon, which starts next week.
VANCOUVER - Many golfers would consider a pair of top-10 finishes on the PGA Tour in the same season as a breakthrough.
But not Graham DeLaet.
KINGSTON, Jamaica - Veronica Campbell-Brown's agent insists one of the cornerstones of Jamaica's wide-ranging sprint success "is not a cheat," even though the test results disagree.
While her case is being decided, the three-time Olympic gold medallist will sit out and her country will try to make sense of one of its longest-held fears: a high-profile track star getting busted for doping.
